Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026)

Spotify Technology's (SPOT) quarterly Asset Utilization Ratio came in at 1.24 in Q1 2026, down 7.04% year-on-year from 1.33 in Q1 2025, and up 10.37% quarter-over-quarter from 1.12 in Q4 2025.

Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

Spotify Technology has disclosed Asset Utilization Ratio across 9 years of filings, most recently posting 1.24 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 1.24, down 7.04% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.24 (down 7.04% YoY), and the FY2025 annual result was 1.32, down 14.05% from the prior year.
  • Asset Utilization Ratio came in at 1.24 for Q1 2026 at Spotify Technology, up from 1.12 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.68 in Q3 2023 to a low of 1.12 in Q4 2025.
  • The 5-year median for Asset Utilization Ratio is 1.51 (2024), against an average of 1.46.
  • Across the five-year window, Asset Utilization Ratio soared 38.99% in 2022 and decreased 20.78% in 2025, its largest moves.
  • Spotify Technology's Asset Utilization Ratio stood at 1.59 in 2022, then climbed by 4.33% to 1.66 in 2023, then decreased by 16.4% to 1.39 in 2024, then decreased by 19.31% to 1.12 in 2025, then climbed by 10.37% to 1.24 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.24 (Q1 2026), 1.12 (Q4 2025), and 1.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.05
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.65
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.56
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 1.24
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 0.74
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 0.86
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 332.73
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 0.80
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.49
10 Match 8.04 Bn 7.01 Bn 653.28 Mn 0.79

Historic Data

Download Data
DateValue
Mar 31, 2026 1.24
Dec 31, 2025 1.12
Sep 30, 2025 1.15
Jun 30, 2025 1.26
Mar 31, 2025 1.33
Dec 31, 2024 1.39
Sep 30, 2024 1.45
Jun 30, 2024 1.51
Mar 31, 2024 1.59
Dec 31, 2023 1.66
Sep 30, 2023 1.68
Jun 30, 2023 1.62
Mar 31, 2023 1.59
Dec 31, 2022 1.59
Sep 30, 2022 1.56
Jun 30, 2022 1.53
Mar 31, 2022 1.47
Dec 31, 2021 1.39
Sep 30, 2021 1.27
Jun 30, 2021 1.10